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Masayoshi Son, the billionaire founder of SoftBank Group Corp., made a huge personal bet on bitcoin just as prices for the digital currency peaked, losing more than $130 million when he sold out, according to people familiar with the matter.
Geography could matter for investors around the world if Tehran moves to close or at least hinder the world’s busiest waterway for global oil shipments in retaliation for the U.S. decision to demand that all Iran oil buyers halt purchases by May 1.
Alphabet Inc.’s Wing Aviation unit has received the first U.S. authorization to operate a fleet of unmanned aircraft for consumer-goods deliveries, a move that could jump-start various companies’ commercial drone services nationwide.